Sustainability governance

We believe that economic development, social inclusion and environmental protection can be pursued only through good sustainability governance. This is why we have defined and adopted a sustainability governance model and made the highest internal governance body, FS Italiane SpA’s board of directors, accountable for it.

BOARD OF DIRECTORS

The board examines and approves strategic, business and financial plans, including the business plan, which includes objectives and guidelines to promote a sustainable business model and create long-term value. The board is responsible for approving the Sustainability Report and the consolidated non-financial statement pursuant to Legislative decree no. 254/16 (NFS), with the Control, Risk and Sustainability Committee’s prior approval. In 2016, we established a Group Sustainability Committee to advise the Group’s CEO (as chairperson of the Sustainability Committee), guaranteeing the integration of sustainability principles in business strategies.

CONTROL, RISK AND SUSTAINABILITY COMMITTEE

SUSTAINABILITY COMMITTEE*

CEO

The chairperson of the Sustainability Committee assesses and approves the proposals of the board of directors regarding the integration of social and environmental aspects in the Group’s strategies, including through dialogue with stakeholders and examines and validates the draft Sustainability Report. CHIEF STRATEGY, SUSTAINABILITY & ASSET MANAGEMENT

It defines guidelines, methodologies and models for the proper implementation of sustainability policies and also acts as technical secretary for the Sustainability Committee. RFI Trenitalia Mercitalia Logistics Busitalia - Sita Nord Anas Italferr Ferservizi FS Chief Officer

*With Group organisational measure no. 76/ AD of 15 December 2021, which fully replaced Group organisational measure no. 47/AD of 15 April 2020, the members of the Sustainability Committee were renewed.

IN ORDER TO OVERSEE SUSTAINABILITY ISSUES AT THE GROUP’S OPERATING COMPANIES, AIDED BY A SUITABLE ORGANISATIONAL STRUCTURE, FS UNDERWENT A CHANGE MANAGEMENT PROCESS IN 2021 BY REVISING THE SUSTAINABILITY AND ENVIRONMENT PROFESSIONAL GROUP.

Analyse the context

Review and learn Vision

Environment

Society Economy

Monitor and report Plan

Steer and support To reinforce awareness and stimulate commitment regarding the underlying reasons behind the change needed to tackle recovery and the strategic value of sustainability issues for the FS Italiane Group, an induction programme is being designed for the boards of directors and managers of the Group companies. The training content of the programme for the boards of directors, aimed at promoting a business model that ensures balance between ESG components, will be broken down into two sessions: entry-level session of the boards who did not attend the previous induction, and deep dive session for the boards who did attend the induction organised by the Parent in 2019-2020. The training content for managers aims to disseminate current fundamental content and give a systematic view of the Group and the broader external context.

Both induction programmes will respectively include the participation of an expert - the leader will be a top Italian and/or global expert with proven seniority and expertise - and Group sector specialists.